C$549,000

Welcome to Hotel St. Albans, located in the scenic town of St. Albans, just 15 km from the Newfoundland and Labrador Hydro site gate and surrounded by growing industrial and aquaculture activity. This well-established and profitable operation offers an excellent opportunity for anyone looking to step into a turnkey business in a developing area. The main building features 11 guest rooms, along with a full kitchen, laundry room, and a spacious dining area that can accommodate up to 40 people. In addition, the property includes a 6-room motel built in 2012, with each room offering a king bed and full private washroom, as well as six cabins built in 2010, consisting of three single units and three double units. Recent upgrades include new windows and siding on the main building, and the property is supported by a 600-amp electrical service in the main building. Ideally located next to the community centre and directly across from a gas station, this property offers excellent accessibility and steady demand. (id:41202)